Adelaide living laboratory: value proposition: householder experience
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(Published version)
Date
2016
Authors
Berry, S.
Davidson, K.
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Report
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This report quantifies the key benefits and costs associated with the householder experience of low carbon living. This report systematically presents a framework for which benefits and costs are perceived by the householder investor and assigns a value to that experience, and extends global knowledge by expanding the range of impacts covered. In particular, this report increases global knowledge by incorporating industry learning factors, applying actual energy use evidence inclusive of rebound impacts, and includes some health and wellbeing householder experiences.This report concludes that the value proposition of low carbon living is overwhelmingly positive to owner occupier households with a conservative NPV of $24,935 if the home was built in Year 1 of a policy change to net zero energy housing, and with larger net benefits received for homes constructed in subsequent years. The empirical evidence describing the experience of householder investors demonstrates that low carbon living provides many benefits including lower energy bills, increased levels of thermal comfort, improved health and wellbeing, intrinsic values associated with taking climate change action, and benefits from increased social capital.
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Copyright 2015 University of South Australia